Infrastructure Developers & Operators
Infra - Engineering - General
from 126 today
IRCON reported standalone revenue of INR 18.0bn (+8% YoY) and PAT of INR 1.64bn (+9% YoY) in Q1FY27, marking the first growth quarter after FY26's 17% revenue decline, though core EBITDA remained down. We maintain the SOTP-based target price at INR 136/share and HOLD rating, noting that sustained inflow conversion remains the key re-rating trigger.
Ratings and target prices as published by each firm. Each summary condenses that firm's stated view in its own note and is attributed to it; no report text is reproduced.
